News
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US State Department approves potential sale of missiles to Italy, Pentagon says
June 16 (Reuters) - The U.S. State Department has approved the potential sale of advanced medium-range air-to-air missiles and related equipment to Italy in a deal valued at an estimated $211 million, the Pentagon said on Monday.The principal contractor is RTX Corporation RTX.N, according to the Pen...Reuters
Mon, Jun 16
High Tide reports Q2 2025 financial results
June 16 (Reuters) - High Tide Inc HITI.V:HIGH TIDE REPORTS SECOND FISCAL QUARTER 2025 FINANCIAL RESULTSHIGH TIDE Q2 NET INCOME CAD -2.836 MILLIONHIGH TIDE Q2 INCOME FROM OPERATIONS CAD 932 THOUSANDHIGH TIDE Q2 REVENUE CAD 137.804 MILLION, UP 11% YEAR OVER YEARHIGH TIDE Q2 ADJUSTED EBITDA CAD 8.062 M...Reuters
Mon, Jun 16
Fifth Third Bancorp announces share repurchase authorization
June 16 (Reuters) - Fifth Third Bancorp FITB.O:FIFTH THIRD BANCORP ANNOUNCES SHARE REPURCHASE AUTHORIZATIONFIFTH THIRD BANCORP - APPROVES NEW SHARE REPURCHASE AUTHORIZATION UP TO 100 MILLION SHARESFIFTH THIRD BANCORP - NEW REPURCHASE AUTHORIZATION REPLACES 2019 AUTHORIZATION WITH 11.8 MILLION SHARES...Reuters
Mon, Jun 16
Deals of the day-Mergers and acquisitions
June 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:** Justin Sun's crypto platform, Tron, has reached a deal with Nasdaq-listed company SRM Entertainment SRM.O under which it will buy tokens, be renamed Tron Inc and have Sun join the c...Reuters
Mon, Jun 16
OpenAI executives have discussed accusing Microsoft of anticompetitive behavior, WSJ reports
June 16 (Reuters) - OpenAI executives have discussed accusing its backer Microsoft MSFT.O of anticompetitive behavior during their partnership, the Wall Street Journal reported on Monday, citing people familiar with the matter.Reuters
Mon, Jun 16
Hedge fund Millennium valued at $14 billion in minority stake sale talks, FT reports
June 16 (Reuters) - Millennium Management is in talks to sell a minority stake in its management company, in a deal that values the hedge fund giant at $14 billion, the Financial Times reported on Monday, citing people familiar with the discussions.The company is working with Goldman Sachs' Pete...Reuters
Mon, Jun 16
OpenAI Has Discussed Accusing Microsoft Of Anticompetitive Behavior During Their Partnership-WSJ
June 16 (Reuters) - OPENAI HAS DISCUSSED MAKING ANTITRUST COMPLAINTS TO REGULATORS- WSJOPENAI’S EXECUTIVES HAVE DISCUSSED ACCUSING MICROSOFT OF ANTICOMPETITIVE BEHAVIOR DURING THEIR PARTNERSHIP-WSJMICROSOFT IS CURRENTLY ASKING FOR A LARGER STAKE IN THE NEW COMPANY THAN OPENAI IS WILLING TO GIVE - WS...Reuters
Mon, Jun 16
Ex-Trump DOJ official Rod Rosenstein joins law firm Baker McKenzie
By Mike Scarcella June 16 (Reuters) - Former Deputy U.S. Attorney General Rod Rosenstein, who appointed Special Counsel Robert Mueller to investigate links between Russia and Donald Trump’s 2016 presidential campaign, has left law firm King & Spalding for rival Baker McKenzie.Rosenstein will ...Reuters
Mon, Jun 16
Trump family in phone service licensing deal, touts a $499 device
Trump Organization launches service, new phonePhones to be made in America, group announcesLatest move by Trump Org into new business venturesBy Hannah Lang, Michelle Conlin and Akash Sriram NEW YORK, June 16 (Reuters) - Donald Trump's family business licensed its name to launch a U.S. mo...Reuters
Mon, Jun 16
Canopius adds AIG’s Losquadro in latest senior marine appointment
By Chris MunroJune 16 - (The Insurer) - Canopius Group has made another senior appointment to its U.S. marine underwriting team with the hire of Tom Losquadro from AIG.The recruit has joined as vice president of underwriting for national hull and liability U.S.In that role, Losquadro will lead under...Reuters
Mon, Jun 16
Suspect in Minnesota lawmaker killing visited other legislators' homes, prosecutors say
Boelter, 57, faces potential death penaltyDefendant makes first court appearance after arrestGunman posed as police officer during shootingsKilling was political assassination, U.S. attorney saysBy Nathan Layne MINNEAPOLIS, Minnesota, June 16 (Reuters) - The suspect accused of assassinating a Min...Reuters
Mon, Jun 16
Tennis-Tauson through in Nottingham, Danilovic defeated in first round
June 16 (Reuters) - Danish second seed Clara Tauson is safely through to the second round of the Nottingham Open after a 7-5 6-2 win over Australian Kimberly Birrell on Monday, while ninth seed Olga Danilovic's tournament ended with defeat by Dayana Yastremska.Tauson, who reached her first WTA 1...Reuters
Mon, Jun 16
Hedge fund Millennium valued at $14 billion in minority stake sale talks, FT reports
June 16 (Reuters) - Millennium Management is in talks to sell a minority stake in its management company, in a deal that values the hedge fund giant at $14 billion, the Financial Times reported on Monday, citing people familiar with the discussions.The company is working with Goldman Sachs' Pete...Reuters
Mon, Jun 16
